Advantages of project quality management
Posted: Tue Jan 21, 2025 6:58 am
As a project manager, the last thing you want to deal with is siloed teams that don't communicate with each other.
With quality project management resources you can foster cross-functional discussions and ensure visibility of all tasks across all teams.
This collaboration streamlines problem solving and brings consistency to project execution, which is critical for complex tasks like product design and event planning that require input from all angles to stay on track.
2. Expands financial benefits
PMI reports that 55% of project managers cite budget overruns as a reason audit directors auditors email list for project failure.
This can happen for several reasons:
Expanding scope can add unforeseen costs
Price inflation or market fluctuations can increase the prices of materials.
Resource scarcity can increase expenditures due to changes in supply and demand.
Project management provides effective control of budget managementand ensures the financial viability of the project at each phase.
To do this, you can take advantage of quality management software, which offers predictive analytics, allowing you to make informed adjustments to anticipate fluctuations in costs and resource needs.
3. Offers quality
By continuously monitoring processes and outcomes from start to finish, project quality management ensures that quality standards are met. This framework enables the project team to detect and correct inefficiencies at an early stage , reducing the need for costly rework and delays.
The result? A more reliable product that syncs with your original goals and quality requirements and increases customer satisfaction.
4. Increase customer satisfaction
PQM ensures that projects are delivered on time, within budget, and to the highest quality standards. Minimizing errors and consistently meeting expectations builds trust and strengthens customer relationships.
5. Increase productivity levels
Project teams use the quality management plan to clarify roles, responsibilities, and deadlines . It empowers you to remove any ambiguity from the project from the start and allows your project management team to focus on what matters – finishing the work on time.
_"Inspection with the goal of finding the bad ones and discarding them is too late, ineffective and expensive. Quality comes not from inspection, but from process improvement."
W. Edwards Deming, American business theorist
With quality project management resources you can foster cross-functional discussions and ensure visibility of all tasks across all teams.
This collaboration streamlines problem solving and brings consistency to project execution, which is critical for complex tasks like product design and event planning that require input from all angles to stay on track.
2. Expands financial benefits
PMI reports that 55% of project managers cite budget overruns as a reason audit directors auditors email list for project failure.
This can happen for several reasons:
Expanding scope can add unforeseen costs
Price inflation or market fluctuations can increase the prices of materials.
Resource scarcity can increase expenditures due to changes in supply and demand.
Project management provides effective control of budget managementand ensures the financial viability of the project at each phase.
To do this, you can take advantage of quality management software, which offers predictive analytics, allowing you to make informed adjustments to anticipate fluctuations in costs and resource needs.
3. Offers quality
By continuously monitoring processes and outcomes from start to finish, project quality management ensures that quality standards are met. This framework enables the project team to detect and correct inefficiencies at an early stage , reducing the need for costly rework and delays.
The result? A more reliable product that syncs with your original goals and quality requirements and increases customer satisfaction.
4. Increase customer satisfaction
PQM ensures that projects are delivered on time, within budget, and to the highest quality standards. Minimizing errors and consistently meeting expectations builds trust and strengthens customer relationships.
5. Increase productivity levels
Project teams use the quality management plan to clarify roles, responsibilities, and deadlines . It empowers you to remove any ambiguity from the project from the start and allows your project management team to focus on what matters – finishing the work on time.
_"Inspection with the goal of finding the bad ones and discarding them is too late, ineffective and expensive. Quality comes not from inspection, but from process improvement."
W. Edwards Deming, American business theorist